Date: 05/08/2009
Rothgerber Johnson & Lyons LLP ("RJ&L"), a Denver-based law firm, and Callahan Capital Partners ("CCP"), a real estate investment firm, announced today that RJ&L has executed an 11-year, 56,000 square foot lease renewal at Tabor Center.
Steve Budorick, Executive Vice President and Partner at CCP, commented "We are very pleased that RJ&L, one of the largest and oldest law firms in Colorado, has chosen to remain in Tabor Center. As the building's first tenant, RJ&L has been a valued customer for many years and we look forward to continuing our strong relationship for many years to come." Mr. Budorick added, "We believe RJ&L's decision to renew at Tabor Center underscores the building's position as the premier business address in downtown Denver, and the law firm's long-term commitment to Denver."
Fred Baumann, RJ&L's Managing Partner, noted "We remain enthusiastic about the plans for development in downtown Denver, the continued growth of our legal practice, and the enhancements to the Tabor Center that will benefit our Denver-based team."
CCP was represented in the lease transaction by Kevin Foley and RJ&L was represented by Doug Wulf of Fuller Realty and Jack Fox of Fox Real Estate Company.
The Tabor Center office tower is currently 97% occupied and the retail mall is undergoing an exciting transformation with Colorado Athletic Clubs set to open their flagship 39,000 square foot health club in late 2009 and the addition of new restaurants, such as Ling & Louie's, along the 16th Street Mall.
Tabor Center is a mixed-use complex consisting of a 571,000 square foot, Class AA 30-story office tower, a 135,000 square foot, three-level retail mall, a four-diamond hotel and some of the most popular restaurants in Denver including The Palm Restaurant, The Cheesecake Factory and Ling & Louie's. Located between 17th Street and the 16th Street Mall, Tabor Center is within short walking distance to LoDo, major public transportation and numerous cultural destinations including: Pepsi Center, Coors Field, the Denver Convention Center and the Denver Center for the Performing Arts.
Callahan Capital Partners is a real estate investment firm focused on creating value in real estate through prudent investment in high-quality office properties throughout the United States and leveraging substantial experience and expertise across the real estate spectrum - from investment, to asset management, to property management. Callahan Capital Partners' 2.8 million square foot downtown Denver office portfolio includes: Tabor Center, US Bank Tower, 410 17th Street, Dominion Towers, and Civic Center Plaza.
Founded in 1903, Rothgerber Johnson & Lyons LLP is one of Colorado's oldest, continuously operating legal partnerships under the same name. The firm has a diversified commercial practice with specific experience in litigation, banking, securities, employment, real estate, taxation, international business, and corporate law. Headquartered in Denver, RJ&L has additional offices in Colorado Springs and Casper, Wyoming.